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TIF Projection Reports - Chicago/Central Park

This is a filtered view based on TIF Projection Reports.

Row numberTIF Reference NumberTIF NameReport GroupItemYearAmount ($ Dollars)End Date
1T-115Chicago/Central ParkTransfers Between TIF DistrictsTransfer from Kinzie Ind. Corr. (MSAC - Westinghouse)2017619480012/31/2026
2T-115Chicago/Central ParkProposed ProjectsProposed redevelopment project #12013-200000012/31/2026
3T-115Chicago/Central ParkProposed ProjectsHealthy Corner Store Initiative2013-5000012/31/2026
4T-115Chicago/Central ParkCurrent ObligationsWest Humboldt Place RDA2013-100000012/31/2026
5T-115Chicago/Central ParkCurrent ObligationsTIF Works Job Training2013-10000012/31/2026
6T-115Chicago/Central ParkCurrent ObligationsStreet resurfacing - Fulton, Central Park to Kedzie; Homan, Franklin to Fulton, St. Louis, Governors Pkwy to Carroll2013-39860012/31/2026
7T-115Chicago/Central ParkCurrent ObligationsSpeed bumps - Walnut, Central Park to St. Louis2013-360012/31/2026
8T-115Chicago/Central ParkCurrent ObligationsSpeed bumps - Carroll, Homan to St. Louis2013-470012/31/2026
9T-115Chicago/Central ParkFund BalanceEncumbrances through FY'122013-3367950012/31/2026
10T-115Chicago/Central ParkFund BalanceFY'12 year-end balance20136811000012/31/2026
11T-115Chicago/Central ParkCurrent ObligationsSmall Business Improvement Fund2013-50000012/31/2026
12T-115Chicago/Central ParkCurrent ObligationsRosa Parks RDA payments2016-63960012/31/2026
13T-115Chicago/Central ParkCurrent ObligationsRosa Parks RDA payments2015-63960012/31/2026
14T-115Chicago/Central ParkCurrent ObligationsRosa Parks RDA payments2014-63960012/31/2026
15T-115Chicago/Central ParkCurrent ObligationsRosa Parks RDA payments2013-71920012/31/2026
16T-115Chicago/Central ParkCurrent ObligationsProgram administration2017-13480012/31/2026
17T-115Chicago/Central ParkCurrent ObligationsProgram administration2016-13100012/31/2026
18T-115Chicago/Central ParkCurrent ObligationsProgram administration2015-12520012/31/2026
19T-115Chicago/Central ParkCurrent ObligationsProgram administration2014-10200012/31/2026
20T-115Chicago/Central ParkCurrent ObligationsProgram administration2013-10390012/31/2026
21T-115Chicago/Central ParkCurrent ObligationsNeighborhood Improvement Program2013-100000012/31/2026
22T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - TIF share2017-280030012/31/2026
23T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - TIF share2016-271470012/31/2026
24T-115Chicago/Central ParkFund BalanceReserved for debt service2013-1059370012/31/2026
25T-115Chicago/Central ParkFund BalanceRevenue recognition adjustment2013-104790012/31/2026
26T-115Chicago/Central ParkRevenueProperty tax2013463600012/31/2026
27T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - TIF share2015-257490012/31/2026
28T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - TIF share2014-248390012/31/2026
29T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - TIF share2013-241220012/31/2026
30T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - other TIF(s)2017-862460012/31/2026
31T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - other TIF(s)2016-863750012/31/2026
32T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - other TIF(s)2015-851500012/31/2026
33T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - other TIF(s)2014-814660012/31/2026
34T-115Chicago/Central ParkCurrent ObligationsMSAC - Westinghouse - other TIF(s)2013-844410012/31/2026
35T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural - other TIF(s)2017-19640012/31/2026
36T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural - other TIF(s)2016-19690012/31/2026
37T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural - other TIF(s)2015-19690012/31/2026
38T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural - other TIF(s)2014-19690012/31/2026
39T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural - other TIF(s)2013-19650012/31/2026
40T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural2017-122170012/31/2026
41T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural2016-122540012/31/2026
42T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural2015-115950012/31/2026
43T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural2014-115970012/31/2026
44T-115Chicago/Central ParkCurrent ObligationsMSAC - Raby Horticultural2013-115690012/31/2026
45T-115Chicago/Central ParkCurrent ObligationsMSAC - Program administration2013-230012/31/2026
46T-115Chicago/Central ParkCurrent ObligationsLighting - multiple locations2013-111400012/31/2026
47T-115Chicago/Central ParkCurrent ObligationsCPS ADA Ph.1 - Ryerson2013-75000012/31/2026
48T-115Chicago/Central ParkCurrent ObligationsBreakthrough Urban Ministries RDA payments2017-33980012/31/2026
49T-115Chicago/Central ParkCurrent ObligationsBreakthrough Urban Ministries RDA payments2016-33980012/31/2026
50T-115Chicago/Central ParkCurrent ObligationsBreakthrough Urban Ministries RDA payments2015-33980012/31/2026


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created Apr 15, 2011

updated Oct 28, 2013

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The Tax Increment Financing (TIF) Projection Report is a three-year planning document used to evaluate resources and project balances to determine how much funding has been committed and how much funding is available for potential projects in each of the City’s TIF districts. This report is updated with the latest available information and does not represent a final accounting of funds in any TIF district. Annual audited financial reports are found on the City’s website and are published once a year to reflect the balances and expenditures in each TIF fund. The TIF Projection Report provides estimates of TIF revenue and expenditures in each TIF district in the City of Chicago over a three-year period. Funding sources include: Unallocated Funds: Available funds at the beginning of the current year. This includes incremental property tax revenue from prior years. Revenue collected in the prior year is typically used to fund obligations in the current year. Some portion of prior-year collections may be used to fund obligations in subsequent years. Unallocated Bond/Note Proceeds: Available funds remaining from a bond sale or note issued to the City by a bank or other lender. Estimated Incremental Property Tax Revenue: Includes projected incremental property tax revenue collections for the current and subsequent two years. Estimates are based on recent equalized assessed values and tax rates and may be adjusted to reflect property tax collection patterns for a particular TIF. Transfers include: Transfers In: Funds that are transferred into a TIF district for a specific purpose from one or more adjacent TIF districts. Transfers Out: Funds that are transferred to one or more adjacent TIF districts for specific purposes. Current obligations items may include: Debt service payments on bonds or notes; payments to private developers pursuant to redevelopment agreements authorized by City Council; costs of public improvements; and costs of capital projects for overlapping taxing districts, such as the Board of Education or the Chicago Park District. The obligations may also include administrative costs that are incurred by the City for the implementation and administration of the Redevelopment Plan associated with each TIF. Potential projects include: Projects that are currently under consideration and which have not yet received necessary approval(s). In some cases, the dollar amounts listed reflect estimated project costs. As these projects take shape and move through the approval process, they are expected to become an obligation of the TIF.

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